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Derek decides to buy a new car. The dealership offers him a choice of paying $23.00 per month for 5 years with the first payment

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Derek decides to buy a new car. The dealership offers him a choice of paying $23.00 per month for 5 years with the first payment due next month or paying some amount today. He can brow money from his bank to buy the car. The bank requires a 5.00% interest rate. What is the most that he would be wsing to pay today rather than making the paymenta? not submitted Attempts Remaining Infinity Suomet Answer format: Currency: Round to: 2 decimal places Derek plans to buy a $25,602.00 car. The dealership offers zero percent franging for 49.00 months with the first payment dun at signing today). Derek would be willing to pay for the car in full today if the death offers him cash back. He can borrow money from his bark at an interest rate of 4.67% I Sum Answer format: Currency: Pound to: 2 decimal places Attempts Romaining: Infinity Suppose you deposit $1,034,00 into an account 7.00 years from today that is 11.00, will be worth $1,731,00 years from today Som med Anemps Remaining Infinity Answer format: Number: Round to: 2 decimal places

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